WHAT'S UP WITH JEFF CAMERON, NO RECENT BLOGS

Where have I been? Sorry about the lack of blog activity this month. I have been very busy, including a conference in California last week.
The buyers are coming out of the woodwork right now. With prices in metro Phoenix are for residential real estate approaching the pre run up values of 2003, buyers are re-entering the market. They are keeping us busy. With so many choices, buyers are a lot more work today. Plus, with so many foreclosures to deal with, it consumes a lot of time. For example, we have a buyer looking the Chandler, Gilbert, and North Queen Creek area. For 3 weeks, we found listings, met to preview, picked the best one and wrote an offer. We wrote 12 offers before one was accepted. We were out bid every time up to that point.
This activity tells me the area has hit a bottom. As prices fall to a certain point in every sub market, buyers come out and buy. There is a price for every home where there are buyers.
This actually happened with a couple of buyers. It was driving me crazy. But they have found homes and it is time to move on.